BlockEx to Integrate Bancor Protocol to Provide Continuous Token Liquidity

PR72016

LONDON, January 24, 2018 /PRNewswire=KYODO JBN/ --

     BlockEx, a Digital Asset Exchange Platform (DAxP) currently launching a

Token Sale, will make its tokens, the DAXT, available on the Bancor Network.

    BlockEx is a Digital Asset Exchange Platform (DAxP). As part of its mission

to offer the best digital assets to its users, it has launched the BlockEx ICO

Market. BlockEx prides itself on bringing the sound regulatory framework and

good governance of traditional financial institutions to the ICO landscape.

Users will be able to participate in curated, compliant ICOs in the BlockEx ICO

Market. To access these ICOs at pre-sale, participants can use BlockEx's token,

the DAXT. BlockEx is currently running the ICO for DAXT, which can be used to

guarantee an allocation of exclusive, high quality ICO tokens at pre-sale.

(Logo: http://mma.prnewswire.com/media/608924/BlockEx_Logo.jpg )

    Within a week of the BlockEx ICO concluding, 2% of the total supply of DAXT

will be available on the Bancor Network. Bancor is a Decentralized Liquidity

Network that allows users to hold any Ethereum token and convert it to any

other token in the network, with no counterparty, at an automatically

calculated price, using a simple web wallet. By integrating the Bancor

Protocol, DAXT holders will gain access to continuous liquidity, regardless of

trade volume or exchange listings. You can join the BlockEx community here

[https://app.bancor.network/communities/5a4e412c4264760001089969/about ] .

    On the Bancor Network, integrated tokens can be converted automatically to

any other token on the network, from Web3 wallets such as MetaMask. Currently

integrated tokens include ETH, BNT (the Bancor Network Token), WAX, STORM, GNO

and over 10 others, with many more soon.

    About BlockEx

    BlockEx's Digital Asset Exchange Platform (DAxP) is an institutional grade

exchange with blockchain asset origination, dematerialisation and lifecycle

management tools. The BlockEx DAxP includes a digital asset creation tool,

exchange, clearing, settlement, registry and brokerage software. The offices

are in London, Bulgaria, Taiwan and Israel. https://www.blockex.com

    About Bancor

    Bancor Protocol(TM) is a standard for the creation of Smart Tokens(TM),

cryptocurrencies with built-in convertibility directly through their smart

contracts. Bancor utilizes an innovative token "connector" method to enable

formulaic price calculation and continuous liquidity for all compliant tokens,

without needing to match two parties in an exchange. Smart Tokens interconnect

to form token liquidity networks, allowing user-generated cryptocurrencies to

thrive. For more information, visit the website [https://www.bancor.network ]

and read the Bancor Protocol white paper [https://www.bancor.network/whitepaper

].

    Contact: Adam Leonard, +44-203-637-5764

SOURCE: BlockEx